US investor confidence surges: State Street

According to the March 2015 State Street Investor Confidence Index (ICI), the increase in North American investor sentiment is attributed to short-term interest rate forecasts for 2015 and 2016 by the US Federal Reserve.

“We’ve been in a post-crisis regime characterised by diversification out of international equities and into safer asset classes,” said the ICI's developer, Kenneth Froot.

“However, given the continued liquidity provision from major central banks, institutions appear to be developing renewed appetite for global equities,” Mr Froot said.

In contrast, European investor confidence has once again declined – this time by 1.6 points to 104.4.